Newmark Facilitates $28M Sale of One Bowdoin Square in Boston’s West End
Newmark has successfully arranged the $28 million sale of One Bowdoin Square, a 141,831-square-foot office building located in Boston’s West End. The transaction was led by Robert Griffin, Co-Head of U.S. Capital Markets, alongside Boston Capital Markets Executive Vice Chairman Edward Maher, Vice Chairman Matthew Pullen, Executive Managing Director James Tribble, Senior Managing Director Samantha Hallowell, and Associate Director William Sleeper. The team represented the seller and procured the buyers, Live Oak Real Estate Investments and Tritower Financial Group.
In addition to managing the sale, Newmark’s Debt & Structured Finance team in Boston secured acquisition financing from Bank of New England. The financing team included Vice Chairman David Douvadjian, Sr., Executive Managing Director Timothy O’Donnell, Senior Managing Director David Douvadjian, Jr., and Associate Directors Bobby Alvarado and Conor Reenstierna.
The 11-story office building is anchored by a tenant base that includes medical and government organizations, notably affiliates of Mass General Brigham and the Commonwealth of Massachusetts.
“One Bowdoin Square is the highest-quality office building for small- to mid-sized tenants seeking proximity to Massachusetts General Hospital or Government Center,” said Hallowell. “Its curb appeal is complemented by the efficiency and utility associated with its sub-divisible floor plates, below-grade executive parking, and recent base building system upgrades.”
